Jordan’s GDP grew 2% during Q1 2024

AMMAN: The latest economic indicators monitored by the Jordan News Agency (Petra) showed that Jordan's gross domestic product (GDP) recorded a growth of 2 percent at constant prices during the first quarter of the current year 2024 compared to the same period last year. Jordan's economic performance during the first half of this year combined improvement in some key economic indicators and the continued economic challenges that require strategic solutions to achieve sustainable growth. According to a report by the International Monetary Fund (IMF), the performance of the national economy continues to be "steadfast and resilient" during "successive" challenges. The extractive industries sector achieved the "highest" growth during this period at 6.3 percent, contributing 0.18 percent to the achieved growth rate, followed by the agriculture sector at 5.7 percent with a 0.30 percent contribution, then the electricity and water sector at 4.8 percent, with a 0.07 percent share, followed by the manufacturing sect or, which grew by 3.9 percent and a 0.67 percent contribution. Source: Emirates News Agency